From 2013 to 2023, Lithuania's market for animal feeds, excluding dog or cat food, displayed fluctuations in volume. In 2023, the market stood at 458.24 million kilograms, marking a slight 1.35% year-on-year decrease. The overall trend from 2013 demonstrates periods of both growth and decline, with a notable recovery in 2021 followed by declines in 2022 and 2023. The five-year CAGR was negative at -1.46%, indicating a shrinking trend in recent years.
Future trends worth monitoring include potential innovations in feed formulations aimed at improving animal health and output, as well as eco-sustainable practices influencing production, which could reshape market dynamics.
How does Lithuania rank in Preparations for Animal Feeds (Excluding Dog or Cat Food) Market Size Volume?
| # | 21 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 27,624,000,000 | 2023 | +1.28% | +1.66% | View data |
| 2 | 2 Germany | 23,001,000,000 | 2023 | -0.74% | -0.28% | View data |
| 3 | 3 France | 19,978,000,000 | 2023 | -0.13% | -0.6% | View data |
| 4 | 4 United Kingdom | 16,104,000,000 | 2023 | +0.37% | +0.046% | View data |
| 5 | 5 Netherlands | 13,503,000,000 | 2023 | +1.6% | -0.045% | View data |
| 16 | 16 Bulgaria | 786,550,000 | 2023 | +1.88% | +2.32% | View data |
| 17 | 17 Croatia | 699,030,000 | 2023 | +4.67% | +4.44% | View data |
| 18 | 18 Lithuania | 458,240,000 | 2023 | -1.35% | -1.46% | |
| 19 | 19 Slovenia | 443,790,000 | 2023 | +1.86% | +2.59% | View data |
| 20 | 20 Latvia | 299,730,000 | 2023 | +2.18% | +1.98% | View data |
